Bajaj Healthcare
- Market cap
- ₹ 1,055 Cr.
- P/E
- 18.1x
- P/B
- 2.05x
- 52-week range
- 272.35 – 488.9
- ROE
- 8%
- ROCE
- 11%
- Dividend yield
- 0.5%
- Debt / equity
- 0.47
- Sector
- Pharmaceuticals & Biotechnology
- Industry
- Pharmaceuticals
- Listed on
- NSE, BSE
About
Bajaj Healthcare Limited is an India-based pharmaceutical company. The Company is engaged in activities of manufacturing, producing, developing and marketing a range of active pharmaceutical ingredients (APIs), bulk drugs, branded and generic formulations. It is focused on development, manufacturing and supply of amino acids, nutritional supplements and API for pharmaceutical, nutraceuticals and food industries. It operates through three segments: APIs, Finished Dosage Formulations (FDFs), and Intermediates. Its APIs include Ascorbic Acid IP, Sodium Ascorbate, Ferrous Ascorbate, and others. Its Intermediary products include Calcium Phosphoryl Choline Chloride (CPCC) and Chlorhexidine (CH Base). It offers a range of FDFs forms, including tablets, caplets, capsules, and oral powders, all available in bulk quantities. The FDFs products include Cholecalciferol Sachet, Ticagrelor Tablet, Pancreatin Capsules, levofloxacin Tablets IP, Bisacodyl Tablet IP, and others.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Pharmaceuticals: 221 companies →Bajaj Healthcare against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)18.1 against a typical 34.3: cheaper than most peers (1st = cheapest).48th of 220
- Sales growth+18.9% against a typical +15.6% from a year earlier.86th of 197
- Profit growth+27.3% against a typical +18.9% from a year earlier.73rd of 160
- Share price, 3 months−4.3% against a typical 0%.117th of 200
- Size₹ 1,055.1 Cr. market value against a typical ₹ 507.7 Cr. (1st = largest).86th of 199
Latest announcements
Exchange filings and their impact on the company.
- 27 Oct 2026Analysts/Institutional Investor Meet/Con. Call UpdatesMedium impactPositivePrice +1.2% on 28 OctStrong Q2 with 19% revenue and 27% PAT growth, on track for 10-15% FY27 growth at 18%+ margins toward Rs 900-1000 cr by FY29.
Bajaj Healthcare reported a strong Q2 FY27 with revenue up 18.9% to Rs 175.9 cr and PAT up 26.9% to Rs 14.1 cr, with H1 revenue up 15.1% to Rs 341.5 cr at 18.1% EBITDA margin. Management said it is on track for 10-15% FY27 growth at 18-20% margins, launched Cenobamate tablets in September via 8 partners, got NCLT approval for Genrx, and was upgraded by India Ratings to IND A Stable. It is building a 250 kg peptide plant by March 2027, an oncology API plant by Q2 FY28 and a Nashik formulation plant, targeting Rs 900-1000 cr revenue by FY29 at 18-21% EBITDA margin.
- Strong Q2/H1 with 15-19% sales growth and sharply higher profits signals faster earnings recovery.
Bajaj Healthcare reported unaudited Q2 FY27 revenue of Rs 175.9 crore, up about 19% from last year, and H1 revenue of Rs 341.5 crore, up about 15%. Continuing profit after tax was Rs 14.4 crore in Q2 and Rs 28.3 crore in H1, with total H1 profit of Rs 27.8 crore as losses from discontinued Tarapur and Dahej units narrowed. The growth came with heavy investment: Rs 61 crore capex in H1, higher inventories and receivables, and a rise in borrowings, partly offset by sale of part of the Dahej land.
- NCLT approved Bajaj Healthcare's going-concern purchase of liquidated Genrx Pharma; size undisclosed, likely small capacity add.
Bajaj Healthcare received NCLT Mumbai order dated October 13, 2026 approving its acquisition of Genrx Pharmaceuticals, which was in liquidation, on a going-concern basis. The filing follows earlier disclosures in April 2025 but gives no purchase price or financial details. The deal adds a distressed pharma asset that should aid capacity over time, with only a small near-term impact pending completion details.
- Sold Dahej undertaking for undisclosed sum, giving small one-time cash and profit boost.
Bajaj Healthcare has executed a deed to sell its undertaking at Plot D-2/CH/42 & 43, Dahej Industrial Area, Gujarat to Spa Vet Private Limited and Indosol Pure Technologies Private Limited. The filing confirms the buyers are not related parties but does not disclose the sale price. The deal should bring a small one-time cash inflow and profit while trimming fixed assets, with no major impact on core operations.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Adequate safety
Rated A by India Ratings- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| India Ratings | IND A; IND A1 | Stable | 6 Aug 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 6 Aug 2026 | ▲ Upgrade | IND A | — | India Ratings | ₹ 282 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 17 Oct 2026 | Financial Results | To consider and approve the un-audited financial results for the quarter and half year ended September 30, 2026 |
| 20 Jul 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 8 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and dividend |
| 18 Mar 2026 | Fund Raising | To consider and approve the allotment of Equity Shares to the Promoter, Promoter Group and Person(s) belonging to the Non-Promoter Public Category, upon the exercise of options for conversion of Convertible Warrants into Equity Shares. |
| 16 Jan 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 17 Oct 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 109 | 134 | 132 | 133 | 123 | 154 | 149 | 148 | 161 | 153 | 166 | 176 |
| Expenses | 89 | 118 | 108 | 109 | 101 | 143 | 124 | 121 | 131 | 130 | 137 | 145 |
| Operating Profit | 20 | 16 | 24 | 25 | 22 | 12 | 25 | 27 | 31 | 23 | 29 | 31 |
| OPM % | 18% | 12% | 19% | 18% | 18% | 8% | 16% | 18% | 19% | 15% | 17% | 18% |
| Other Income | −7 | −36 | 0 | 4 | −1 | 13 | 1 | 0 | 1 | −34 | 1 | 1 |
| Interest | 7 | 6 | 8 | 8 | 6 | 6 | 5 | 6 | 6 | 6 | 6 | 6 |
| Depreciation | 7 | 7 | 7 | 7 | 7 | 8 | 6 | 7 | 7 | 8 | 7 | 8 |
| Profit before tax | −1 | −33 | 9 | 14 | 8 | 11 | 14 | 15 | 19 | −24 | 16 | 18 |
| Tax % | 58% | −10% | 23% | 30% | −39% | 1% | 17% | 24% | 17% | −6% | 16% | 23% |
| Net Profit | −2 | −30 | 7 | 9 | 12 | 11 | 12 | 11 | 16 | −23 | 14 | 14 |
| EPS in Rs | −0.8 | −10.84 | 2.58 | 3 | 3.71 | 3.54 | 3.75 | 3.52 | 4.96 | −6.79 | 4.07 | 4.19 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 11%
- 5 Years
- −1%
- 3 Years
- −2%
- TTM
- 14%
- 10 Years
- 17%
- 5 Years
- −13%
- 3 Years
- −1%
- TTM
- 14%
- 10 Years
- 18%
- 5 Years
- −4%
- 3 Years
- −8%
- TTM
- —
- 10 Years
- 12%
- 5 Years
- 8%
- 3 Years
- 3%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Bajaj Healthcare | ₹ 313.50 | ₹ 1,055 Cr. | 18.1x | 2.1x | 8% | — |
| Sun Pharmaceutical Industries | ₹ 1,743.00 | ₹ 4,18,194 Cr. | 38.4x | 5.6x | 14.2% | 19.1% |
| Divi's Laboratories | ₹ 8,984.00 | ₹ 2,38,497 Cr. | 73.3x | 11.5x | 16.2% | 24.3% |
| Torrent Pharmaceuticals | ₹ 4,482.00 | ₹ 1,70,475 Cr. | 72.7x | 19.2x | 27.1% | 15.3% |
| Cipla | ₹ 1,337.00 | ₹ 1,08,011 Cr. | 27.6x | 3.3x | 11.8% | 13.7% |
| Zydus Lifesciences | ₹ 1,127.85 | ₹ 1,12,503 Cr. | 21.2x | 4.2x | 19.7% | 18.5% |
Management
- Sajankumar Rameshwarlal Bajaj
- Chairman of the Board, Managing Director, Executive Director
- Rohan Parekh
- Chief Financial Officer
- Monica Tanwar
- Company Secretary and Compliance Officer
- Anil Champalal Jain
- Joint Managing Director, Executive Director
- Namrata Sajankumar Bajaj
- Whole-Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.